Syra Health, a healthcare know-how firm that gives instruments to investigate inhabitants well being, introduced it secured one other contract this 12 months, this time with the Well being Care Authority in Washington state, marking the twentieth state the corporate has contracted with.
Syra will present behavioral well being and restoration coaching and assist companies to strengthen the recruitment and retention of Washington’s behavioral well being workforce.
By the partnership, the corporate will present coaching for behavioral well being outpatient companies, substance use dysfunction prevention, restoration assist companies, inpatient psychiatric companies, residential therapy, continuum of care coaching, and substance use dysfunction therapy and psychological well being assist in correctional amenities.
“Profitable this contract in Washington state marks a major step ahead for Syra Well being as we proceed our speedy growth throughout the nation,” Deepika Vuppalanchi, CEO of Syra Well being, mentioned in an announcement. “We at the moment present related coaching in Arizona, Indiana and Kansas. Enhancing psychological and behavioral well being care is certainly one of our company targets. A key piece of reaching this aim is enhancing the standard of behavioral well being care by equipping suppliers with the wanted coaching and assist.”
THE LARGER TREND
Syra Well being has signed quite a few contracts inside the previous 12 months, together with a five-year $275,000 contract introduced in November to look at the town of San Antonio’s implementation of its Racial and Ethnic Approaches to Group Well being (REACH) undertaking.
REACH is a U.S. Division of Well being and Human Companies (HHS) undertaking administered by the Facilities for Illness Management and Prevention (CDC).
In January, the Indiana-based firm signed a one-year $480,000 contract to evaluate how current dangers to public well being in its dwelling state influence public well being infrastructure and behavioral well being.
A month later, the corporate introduced it secured a third contract in Virginia to assist employees Fairfax County’s healthcare workforce, together with staffing licensed nurses to supply 24-hour nursing care and helping the county in filling different short-term healthcare positions.
Different contracts within the state embrace one with the Commonwealth of Virginia Division of Corrections to provide short-term medical employees and one other with the state’s Division of Normal Companies to offer healthcare employees state-wide.
Syra reported 47% year-over-year income progress within the first quarter of 2024, with whole income of $1.7 million in Q1, in contrast with $1.2 million in the identical interval final 12 months.
The corporate famous its sturdy progress was resulting from its Inhabitants Well being providing, which grew 212% 12 months over 12 months, and its Healthcare Workforce options, which grew 28% in comparison with the prior 12 months.
